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Animal Spirits Podcast

Talk Your Book: The Next Catalyst for Crypto Assets

Animal Spirits Podcast

The Compound

News, Business News, Business, Investing

4.8 • 2K Ratings

🗓️ 30 September 2024

⏱️ 39 minutes

🧾️ Download transcript

Summary

On today's show, we are joined by Chris Kuiper, Director of Research, and Matt Horne, Head of Digital Asset Strategists for Fidelity Digital Assets to discuss narratives surrounding ETH and BTC, use cases around ETH, how advisors can work with Fidelity utilizing digital assets, decreasing volatility in crypto, and much more! Find complete show notes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Feel free to shoot us an email at [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation.   Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed.   Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ The Fidelity® Wise Origin® Bitcoin Fund and Fidelity® Ethereum Fund (the “Funds”) have each filed a registration statement (including a prospectus) with the Securities and Exchange Commission (the “SEC”) for their respective offerings to which this communication relates. Before you invest, you should read the prospectus included in that registration statement and other documents the Fund has filed with the SEC for more complete information about the Funds and their respective offerings. You may obtain these documents for free by visiting EDGAR on the SEC’s web site at www.sec.gov. Alternatively, the Funds will arrange to send you the prospectus if you request it by calling (800) 343-3548. View prospectus here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today's Animal Spirits Talk Your Book is brought to you by Fidelity Digital Assets.

0:03.3

Go to Fidelity Digital Assets.com to learn more about their research pieces on all things

0:07.7

crypto and check out their crypto ETS for Bitcoin, FBTC andtherium F E.H. It's Fidelity Digital Assets.com.

0:16.0

Welcome to Animal Spirits, a show about markets, life, and investing.

0:23.0

Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, and watching.

0:28.0

All opinions expressed by Michael and Ben are solely their own opinion and do not reflect the opinion of Rydholz Wealth Management.

0:34.7

This podcast is for informational purposes only and should not be relied upon for any investment

0:39.2

decisions.

0:40.2

Clients of Rydholz Wealth Management may maintain positions in the securities discussed in this podcast.

0:45.0

Welcome to Animal Spirits with Michael and Ben.

0:51.0

Michael, I feel like every time we've talked about crypto for the past few years, you try to come up with a good use case like title insurance or registration for something.

1:02.0

You're trying, I feel, you're trying.

1:02.6

I feel like you're a good salesman for the blockchain.

1:04.7

You're trying.

1:05.8

What if the real thing is just,

1:08.1

it ends up slowly integrating

1:11.7

with the rails of the financial system and there is no never any consumer use case and it's just it was just meant to be for

1:16.9

financialization and that's it isn't is that enough? Well could be I think long term, long term, listen, if it's good enough that the banks integrated

1:28.0

into what they're doing, I would assume that at some point there's going to be some sort of consumer application but maybe we don't

1:33.2

need it when I say we I don't know why I'm saying way I'm not I'm not not necessarily from the

1:38.0

community although I support the community I am a I'm a Bitcoin at Ethelder.

1:43.4

Chris said about the four-year cycle, us holding for four years,

...

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